Search Results for: flexible benefits

Rising costs will oblige more companies to offer flexible working

Rising costs will oblige more companies to offer flexible working

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talentTwo thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going. The second Future World of Work report from Sonovate is based on quantitative research from 4,000 people and 500 small and medium-sized business owners, as well as qualitative interviews with commentators from the future of work, employment and fintech sectors. (more…)

Flexible working now key to success, say majority of businesses

Flexible working now key to success, say majority of businesses

A woman enjoys flexible working in her homeFour in five (80 percent) UK businesses believe that flexible working arrangements are critical to their future success, a new poll from DocuSign claims. Offering employees the flexibility of where and when they work is seen as a competitive advantage by 75 percent of businesses while the large majority (82 percent) consider it essential in attracting and retaining the right talent and meeting the demands of the future workforce. (more…)

Millions now able to request flexible working on day one of employment

Millions now able to request flexible working on day one of employment

Millions of employees will be able to request flexible working from day one of their employment, under new government plans to make flexible working the default. Flexible working doesn’t just mean a combination of working from home and in the office – it can mean employees making use of job-sharing, flexitime, and working compressed, annualised, or staggered hours. The raft of new measures will give employees greater access to flexibility over where, when, and how they work, leading to happier, more productive staff. Flexible working has been found to help employees balance their work and home life, especially supporting those who have commitments or responsibilities such as caring for children or vulnerable people. (more…)

Leading UK employers call for flexible working recruitment by default 

Leading UK employers call for flexible working recruitment by default 

flexible workingA joint letter from 21 leading employers – including several in the FTSE 100 – is calling on employers across the UK to advertise all vacant roles with flexible options by default. The full text is: (more…)

Benefits of zero-hours contracts outweigh downsides for most people

Benefits of zero-hours contracts outweigh downsides for most people

zero hours contractsNew research from the CIPD suggests there needs to be a more balanced and nuanced debate about their place in the labour market, that recognises both the positives and downsides to zero-hours work. The CIPD’s new research ‘Zero-hours contracts – Evolution and current status’– claims that this kind of arrangement – where there’s no guaranteed minimum number of hours that must be worked – is an established part of the UK labour market. It finds that the number of people on ZHCs has changed little since 2015, making up just 3 percent of employment. Fewer than a fifth of employers (18 percent) use ZHCs, and they’re most often used in the hospitality and entertainment industries, in the voluntary sector, and typically in roles such as bar staff, waiters/waitresses, and care workers. (more…)

Flexible working is the new hybrid working, apparently

Flexible working is the new hybrid working, apparently

flexible workingFlexible working is the new hybrid working as a third of European workers would decline a job if flexible hours were not offered. That is the key claim of a new report from Owl Labs, a collaborative technology company. The annual State of Hybrid Work study polled 10,000 full-time employees across UK, Germany, France, Netherlands and Scandinavia – which suggests that flexibility is key to retaining top talent in 2022 and beyond. Over a third (37 percent) of European employees are prepared to decline a job if flexible hours are not offered and just over two thirds (69 percent) would accept a pay cut to have flexible hours. (more…)

Flexible working now part of work culture for over a third of people

Flexible working now part of work culture for over a third of people

flexible working MIcrosoftUK workers and their bosses are reaping the benefits of flexible working, according to new research released by Microsoft. According to Microsoft’s latest Work Trend Index, the number of people working in a hybrid way across the world is up seven percentage points on last year at (38 percent), while 53 percent of people are likely to consider transitioning to hybrid working in the year ahead. (more…)

Seven in ten HR managers support greater flexible working in their workplace

Seven in ten HR managers support greater flexible working in their workplace

HR managersSeven in 10 (70 percent) of UK HR managers now say flexible working could work for their business – claims a new TUC poll. Half (49 percent) of UK HR managers polled said that greater flexible working could work for their business as a result of the Covid-19 pandemic, building on the one in five (21 percent) who say that their business already enabled significant flexible working before the pandemic. (more…)

Flexible working currently contributes £37bn to the UK economy

Flexible working currently contributes £37bn to the UK economy

economyNew research, ‘Flexonomics: The economic and fiscal logic of flexible working’, highlights the economic benefits of flexible working to the UK economy. Flexonomics builds on our long-standing support of the Flex Appeal campaign by Anna Whitehouse, aka Mother Pukka, and follows the publication of our “Forever Flex: Making flexible working work beyond a crisis” report, published last year. (more…)

Portfolio careers, side-gigs and flexible working are priorities for the UK’s next generation of workers

Portfolio careers, side-gigs and flexible working are priorities for the UK’s next generation of workers

workersA flexible work culture is a key consideration for the majority of young workers when choosing a job, with over half (53 percent) of 18-34-year-olds claiming that talented young people won’t join companies that are inflexible about the way their people choose to work. (more…)

Recruitment drive sees majority of firms embed flexible working policies

Recruitment drive sees majority of firms embed flexible working policies

policiesNew research by Totum Partners, claims that the majority of firms now have hybrid working policies in place, as worker preferences and economy-wide recruitment pressures drive increased demand for flexible working. This includes 50 percent of firms which have implemented a company-wide policy, while the remaining 50 percent have published guidelines that can be interpreted by location or individual team. (more…)

Flexible working and tech innovation deliver massive boost to economies

Flexible working and tech innovation deliver massive boost to economies

flexible workingA new study from Citrix claims that the adoption of new technology and ways of working over last year drove an extra $678 billion in revenue across industries. According to The Era of Hyper Innovation, investments in new technology and flexible working models over the last year fuelled a $678 billion boost in revenue across industries around the world. And the stage is set for continued growth. (more…)